2 Top Growth Stocks to Buy Right Now
Relatively few businesses are likely to be spared the economic impact of the coronavirus pandemic. Restaurants, travel companies, and amusement parks have been obvious sources of economic activity to experience a decline, but the misery is likely to spread to not-so-obvious parts of the economy, too.
Clinical trials have been delayed. Electricity demand is expected to plunge. There's an unprecedented amount of slack in commodity markets ranging from petroleum to lithium. The intricacies of the used car market have been thrown off kilter, which will affect major automakers and car dealerships. City and state governments are bracing for significantly reduced tax revenue.
The eventual scope of the calamity might all start to become clearer as companies begin reporting quarterly results and updating guidance in the next few weeks. Investors will need to keep their ears and eyes open, but they shouldn't forgo buying stocks. Investors can still find relatively safe growth stocks. Here's why American Water Works (NYSE: AWK) and Atlassian (NASDAQ: TEAM) are worth a closer look.
Source Fool.com
